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Below is TBR’s commentary on Northrop Grumman IS&TS’ 3Q14 earnings. Please feel free to use the below content with TBR and analyst attributions. Contact Sebastian Lagana at 603.758.1857 or sebastian.lagana@tbri.com for additional commentary. IS&TS’ revenue suffers from volume declines on legacy programs related to in-theater support, readiness and training programs; however, profitability remains strong Northrop … Read more »

Scott Dennehy

EMC CEO Joe Tucci stated during the company’s 3Q14 earnings call that considering the accelerated pace of the IT industry, “Business as usual is not — and will not — be an option.” To that end, EMC announced a new structure for VCE, its joint venture with Cisco and VMware for Vblock-branded pre-integrated converged systems, which will enable EMC to increase its equity interest in VCE as Cisco reduces its stake from 35% to 10%. VCE has served its purpose for both EMC and … Read more »